Flash Crash

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August 25, 2024 3 min read Definitions
Flash Crash: Momentary 998.5-Point Crash in DJIA
Finance Stock Markets Economic Events Flash Crash DJIA Hedge Fund SEC CFTC
The Flash Crash refers to the sudden 998.5-point drop in the Dow Jones Industrial Average (DJIA) on May 6, 2010, marking the biggest one-day decline in the average's history. It was caused by a single trade at a hedge fund that triggered a cascade of computerized selling.
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